Updated: November 23, 2017 3:44:27 pm
As an investor, it is important to know about and be wary of scams. Going by the number of frauds and Ponzi schemes being unearthed one after the other, it is integral to be well-versed with dangers lurking around. Financial markets are unpredictable and there is seldom an opportunity that gives staggering returns in a relatively short amount of time. So, if a scheme sounds too good to be true, it probably is! Thorough research and investor education are not only important for the benefit of an individual, but also for the national economy.
The Securities and Exchange Board of India (SEBI), (the autonomous regulator for the securities market in India), has initiated an investor awareness campaign. It aims to alert people about the hazards of following unsolicited tips from unverifiable, unknown or dubious sources while taking decisions involving their hard earned money. The communication is being done in the public interest. The campaign focuses on educating the novice investor, who might be taken for a ride by unscrupulous manipulators through guidance and awareness messages. The communication has a larger purpose as well. It seeks to enable and empower such investors by helping them take informed decisions. Demystifying myths and warning people about the dangers of being duped by common cons are some of the themes being addressed under the campaign. You can know about it in detail by clicking here.
SEBI also provides a grievance redressal mechanism, along with important tips and guidelines pertaining to primary and secondary markets, mutual funds, shares and debentures and more.
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